In early February, strong earthquakes occurred in Turkey, which led to the destruction of a large number of buildings, including residential ones. Against this background, investors are afraid to invest in Turkish housing.
According to the Kommersant newspaper, referring to interviewed experts, buyers are now seeking to shift their interest to areas with new development and low seismic hazard. However, on the part of Russian citizens, interest in apartments in Turkey fell by 60%.
Today, the residential market in Turkey is currently targeted at the victims. Resort real estate is in demand among local residents who are left without a home. The influx of buyers is observed only in coastal cities, which are considered the least dangerous in terms of seismic activity, in which there is an influx of buyers.
Domestic demand is also formed by the Turks, who were not affected by the earthquakes, but want to change their housing to a better one in order to prevent the possible consequences of potential earthquakes. For example, in Istanbul, they are trying to move to areas with new buildings and low seismic activity: Basaksehir, Kayasehir, Arnavutköy, Umraniye, Atasehir. And interest in the districts of Fatih, Bagcilar, Avcilar is declining.
However, according to Prian.ru editor-in-chief Philip Berezin, the situation with demand in Turkey may recover in two months. If the money needs to be invested urgently, the expert advises paying attention to Thailand and the UAE.
Recall, earlier we reported that 26% of concrete samples in Turkey have defects.
Message After the earthquake, the demand of Russians for housing in Turkey fell by 60% first appeared on the Realty Times.
